Real estate-focused asset manager Vestas Asset Management announced on the 4th that it recently signed a purchase agreement for a logistics center located in Poland. The purchase price is KRW 216 billion.

This investment in the Polish logistics center was carried out in cooperation with domestic policy finance institutions and logistics companies, including Korea Overseas Infrastructure & Urban Development Corporation (KIND), LX Pantos, PIS No. 2 Fund, and Korea Ocean Business Corporation. Based on this, Vestas Asset Management plans to build a new strategic investment platform.

The investment asset under contract is a newly built logistics center with one above-ground floor and a total floor area of 108,977㎡, located in the Katowice area in southern Poland, the country’s second-largest metropolitan area. Katowice is an industrial hub with developed automotive and chemical industries and enjoys a strategic location adjacent to key manufacturing countries such as Germany, the Czech Republic, and Slovakia. In addition, the logistics center has global retail companies and third-party logistics (3PL) companies as tenants, thereby securing a rental income base.

Vestas Asset Management explained that it had selected Central and Eastern Europe (CEE) as a strategic investment destination, given the region’s strong interest from global investors, accessibility to European consumer markets, stable rental demand, and competitive cost structure. In particular, it views Poland as strengthening its position as a European logistics hub, supported by a growing domestic market and excellent logistics and industrial infrastructure.

This transaction is Vestas Asset Management’s 19th logistics center investment in the European market. The company plans to continue expanding its investments in European logistics assets. Through this, it aims to respond proactively to the structural increase in logistics demand driven by the reorganization of global supply chains and the growth of e-commerce.

A Vestas Asset Management representative said, “The European logistics sector is an asset class capable of defending value even amid market volatility, underpinned by stable tenant demand and solid investment fundamentals,” adding, “On the back of this investment, we will actively identify investment opportunities in undervalued, high-quality logistics assets across Europe.”

Meanwhile, the European commercial real estate market has recently seen a decline in transactions due to factors such as interest rate hikes. However, the industry views logistics assets as relatively stable compared with offices, as rental demand and upward trends in rents continue.

Vestas Asset Management, founded in 2010, is a real estate asset management company. It establishes and manages real estate funds based on a diverse range of assets, including offices, retail, logistics, and hotels. As of the end of December 2025, its assets under management (AUM) were reported to be around KRW 8.6 trillion.

Starting with an investment in a UK Amazon logistics center in 2016, Vestas Asset Management has invested in approximately 25 office and logistics assets across 10 European countries. In 2022, it established a subsidiary in London, the United Kingdom, to expand its local investment activities.

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